SBP reserves increase by $107m in a week

MG News | June 15, 2023 at 06:35 PM GMT+05:00

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June 15, 2023 (MLN): The foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by $106.5 million or 2.72% WoW to $4.02 billion during the week ended on June 09, 2023, according to the data released by the central bank on Thursday.

Similarly, the country's total reserves rose by $43.4m or 0.46% WoW to $9.38bn.

The reserves held by commercial banks decreased by $63.1m or 1.16% WoW to $5.36bn.

**Summary of Holding and Weekly Change**
Foreign reserves held by	Jun 09, 2023	Jun 02, 2023	Change	% Change
State Bank of Pakistan	4,018.70	3,912.20	106.50	2.72%
Net Foreign Reserves Held by Banks	5,359.50	5,422.60	-63.10	-1.16%
Total Liquid Foreign Reserves	9,378.20	9,334.80	43.40	0.46%

Amount in USD Million

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